S. Korea vows 'aggressive' defence against Lone Star claim
South Korea said it would "aggressively" defend itself Thursday after a US private equity firm initiated arbitration of a damages claim arising from the sale of its stake in a Korean bank.
Oil prices ease in Asia on Gaza truce, eurozone data
Oil prices fell in Asia Friday in thin trade following the US Thanksgiving holiday, with a truce in Gaza and gloomy eurozone manufacturing data weighing on buying sentiment.
Australia welcomes move to count Aussie as reserve currency
Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
22 November 2012
Almaty Mayor's son-in-law may buy ATF Bank
A son-in-law of Almaty mayor Galymzhan Yessenov is one of the potential buyers of ATF Bank that is going to be sold by UniCredit group.
22 November 2012
Euro weakens as eurozone fails to agree Greek deal
The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed to agree on a deal to unlock the latest batch of crucial bailout cash for Greece.
22 November 2012
KMG EP increased profit by 5% in January-September
Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/
22 November 2012
Kazakhstan and Luxembourg to launch flights
The agreement is in line with the applicable European legislation and opens opportunities for all European airlines to launch flights between Luxembourg and Kazakhstan.
Moody's cuts top French rating, terms outlook negative
France came under fresh economic pressure as the international ratings agency Moody's cut the French government bond rating by one notch from the highest level to "Aa1".
BoJ holds off fresh easing despite calls for action
The Bank of Japan held off launching fresh easing measures on Tuesday, despite growing calls for further stimulus to spur the economy and as it warned of a "high degree of uncertainty".
20 November 2012
Moody's warns on Italy's banks
Rating agency Moody's warned Monday that Italy's banks face worsening conditions over the coming year with asset quality declining, low profitability, and poor access to markets for funds.
US pushing 'jobs diplomacy' after costly wars: Clinton
The United States will push its economic interests more aggressively to preserve its global leadership after being tied down by two wars in the past decade, Secretary of State Hillary Clinton said Saturday.
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